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As serious as it sounds, the strategic management are not meant to predict the future but prepare for it by knowing the exact steps to take then implementing it to achieve company’s objectives.

Strategic management will be served as the platform to formulate, implement, aligned and evaluating the cross functional team within organization. This extensive effort is proven to be the competitive advantage when designed and implement thoroughly by all its component.

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Company stages are determined by how big the firm scope of business operation and resources that supporting it.

Stage V:

The challenges in this stage will be to aligned, control and consolidate the financial gain to brought rapid growth using same flexibility and entrepreneurial spirit as was done in stage I, but this time with the bigger scale and scope.

Without entrepreneurial spirit in this stage, company will keep growing larger and to some degree will be unable to move and agile for next competition in the market.

Management in this stage need to have extra attention on vital resources such as financial, personnel, system, and business development including the network.

Owner participation upon this stage are important to revisit the company’s direction that includes the goals, scope of operational abilities, delegation of authorities, and capturing possible opportunities to support both strength and decrease weaknesses from his or her company.

As the evolution will happen throughout levels of organization, the big to drastic changes are expected to appear in this stage. The hands-on prioritization upon winning factors are key in this transformation. Never trade off the essential key variable of success to something minor. Any clear factors that company had achieved in the past should retained with little consideration from top management.

Before the drastic change take place, it’s always good to ponder some worthy questions such as:

Is the people quality and diversity sufficient to manage the growing company?

Is the system that set in, will need to evolve as the company diversified?

Can I share my authorities to the managements?

Is my capital, including key and potential resources will be in risky position while pursuing the rapid growth and higher leaps?

In this stage, selection of new business model is need to be in right fit base on company’s strength and objectives. Be very careful not to be tricked by something that are hype in the market.

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Company stages are determined by how big the firm scope of business operation and resources that supporting it.

Stage III:

After facing so many challenges, as the owners or top management become more acquaintance. On this stage, the challenge will lie on how to expand the company’s achievements and make sure that it will be achieved with stability and profitable.

The mindset that need to keep in this stage will be how to make the company as the platform to growth or as a means to support the bigger objectives. The toughest challenge in this stage is to stay focus and relevant with the nature of business that nurtured from stage I and II.

Another challenges also to ensure economic success and profits as the transformation is done. The changes will include the expansion of functional managerial team as well as its expertise to navigate the bigger ship. Even the cash are sufficient enough but without prudence allocation, the turning point can be very critical if not risky.

At this stage the role of owner become lesser than the managerial team in monitoring the planned strategy up to desired result execution. However, the process of disengagement by the owner, to some degree can also give special challenges. As trustworthy and capabilities to navigate as successful as the owner are frequently shown as count to give positive credibility assurance.

Stage IV:

With the company rapidly bigger along with the exponential financial growth, the challenge gets layered and complex.

Some major questions asked will be in the area of:

Can delegation process flow evenly according the organizational structure? The delegation will be accompanied with expected high performance.

Will the top management give room for learning to process including mistakes made?

Will the tolerance of high debt-equity ratio or tight cash flow be possible as long as the expenses are controlled?

Is the ill-investment upset the owner or top management and make major turning point?

In this stage IV, the organization grow bigger and begin to have needs to be decentralized / divisionalized. The competent leader are default necessities to function in both operation and strategic planning in the company.

The ambitious goal will be very appealing but without meticulous checking, the higher leap wouldn’t happen in overnight process. This critical leap, will determine whether company fails or make big time jump to stage V.

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Company stages are determined by how big the firm scope of business operation and resources that supporting it.

Stage I:

As the entrepreneur succeeded the business from small business and grow bigger, the first challenge will arise. Before, there will be enough resources and people to do everything needed, now it might seem not enough.

Some general question that begin to seem valid and common questioned by respective Clients that are in the Stage I are:

Do we serve enough customer that happy with our product or give services to them that make sure they will come back thus make our business keep running?

Can we grow bigger from this current condition, but what will it takes to go bigger?

Do we have enough cash to support the growing business?

On this stage, usually the organization are very simple and there’s very minimal to nonexistent of managerial level. The owner is holding most power in the business and all its operation, including capitals.

Stage II with Agilexecution Consulting

Stage II:

On this stage, the business owner begins to understand how to navigate many things using the layers of workable business components.

As the company grow bigger, they again will face next challenges in this stage. The main critical aspect in this stage usually symptom with:

How fast can we generate cash to break even?

How fast we can recover the asset utilities from last investment spending?

Can we finance the necessities to support growth, despite of industry and related condition?

Can we get the economic return from our assets and labor investments?

At this stage, the organization begin to developed and use very minimum system development. Planning usually become relevant upon cash forecasting only. If the company can survive with grow in size and profitability, they can move to Stage III.

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In order to work efficiently, our consultant need to have a clear conceptual and operational pictures of their Client’s businesses. Our Consultant may choose to facilitate the process in order to pick which best issues to solve first, especially when Clients are in determination to solve the problem promptly.

In Agilexecution Consulting, we tailored suggestion base on Client’s company stages. We believe that sound recommendation is possible to execute and implemented with most efficient resources possible. Understand that company evolution will happen as the healthy growth can be maintained, we only suggest most practical and tactical solution for each challenges faced.